Working Across Generations: Perceptions of Young-Senior Co-Entrepreneurship

Abstract

This study explores the feasibility of intergenerational co-entrepreneurship between young adults (20–34) and retired professionals (60+), globally. It is motivated by the increasing participation of both groups in entrepreneurship, and the growing interest in collaboration across generations, often presented as a complementary model combining youthful innovation with senior experience. However, limited research explores how these groups understand the realities of co-founding a venture. To address this, the study draws on stakeholder theory and treats both groups as internal stakeholders. It adopts a qualitative, exploratory approach using 20 semi-structured interviews, analysed thematically to examine participants’ motivations, expectations, and concerns. The findings show that while intergenerational (young-senior) co-entrepreneurship offers significant potential, its complementarity is not automatic. Its feasibility depends on how partners distribute authority, build trust, align decision-making pace and risk orientation, and manage capacity constraints. Additionally, participants highlighted value beyond financial outcomes, including social purpose, knowledge exchange, and personal development. Overall, the study reframes intergenerational co-entrepreneurship as a relational, contingent model and extends stakeholder theory by highlighting internal power dynamics within entrepreneurial teams. The findings offer practical insights for entrepreneurs, support organisations, and policymakers designing sustainable intergenerational ventures.<br/>